FAQs

 
  • We purchase racehorses & split the ownership of each horse into 100 shares, where 1 share = 1% equity in the horse. We invite owners to purchase between 1 - 50 shares.

  • Our ethos is for our owners to purchase equity, entitling them to net sale proceeds and prizemoney earned by the horse. All of our syndicates are commercially focused, meaning we optimise to increase the value of the horses that we buy.

  • Each horse is split into 100 shares. We have a 50 share limit per owner. A syndicate could range in number from 4 - 100 different owners. Typically there are 10 - 30 owners in each horse. We like to keep numbers that encourage serendipity by meeting like minded people.

  • Dependent on the horse in question. We run our syndicates on an upfront acquisition fee and monthly payment structure. Shares can range from €300 - €1000 followed by monthly fees (typically €35 - €50/share) to cover training fees, starting at a predefined date. We aim for each of our horses to be sold within 2 years, but as we all know horses are horses. Athletes in training can encounter problems that upset the best made plans.

  • Here is a general breakdown of how we calculate our share price and what’s included within it:

    Purchase price of horse.

    Purchase fees of buying team - (Agent & Syndicate)

    Transportation costs.

    Pre-training / breaking costs.

    Syndicate set up & admin fee.

    Training fees.

    Stablehand expenses

    Veterinarian costs.

  • No. There are no other costs involved other than the initial share purchase price and the monthly racing fee. The monthly fee will always stay the same.

    All race entries (including all forfeit stages) are charged against any earnings or sales proceeds won by your horse.

    If for the duration of the syndicate, our horse does not earn enough from prize money or sales proceeds to cover these entries, we absorb the balance and you will not be charged.

    Transport costs for overseas races, are charged at cost price which is then deducted out of your share of the prize money that your horse wins. If the horse doesn’t win any prizemoney on the trip we deduct from any sales proceeds.

  • We are building a narrative based, media driven horse racing experience.

  • Yes. But we do advise that you check with your accountant beforehand. Horses can be named after an owner’s company!

  • Share purchases can be made via our website. Other payment options such as bank transfer, cheque etc. will be accepted, please contact us at racing@brownsbarnthoroughbreds.com so we can arrange this.

    Monthly payments are often paid upfront by owners, but if not we arrange direct debit or via a website link.

    Study in detail the syndicate milestones here in more detail.

  • Presently, it isn’t possible for shares to be traded among owners. New technology is being trialed in Ireland that will allow this in the near future. We will position our platform to fully embrace this innovation and look forward to developing a market where owners can buy and sell shares in their horses on fluid digital marketplace.

  • This will make no difference to existing owners, it means that BBT will hold the equity.

  • No. We call this a social investment. Owning shares in a racehorse is an experiential product for entertainment. Taking you to stable yards, meeting new people and creating memories. We run the syndicate as a commercial operation to give a higher probability that each horse can return something if it becomes successful but this is speculative and high risk.

  • We organise groups visits to see your horse gallop, work, roll and relax. We will organise digital and physical events to get people together to “chat” about the horses and what the plans are for the year.

    All our yards have an open door policy, so you can book private viewings of your horse.

  • We invite all syndicate members to go to the races to see their horse. To stand in the parade ring with the trainer and really live the experience. We organise events to meet and greet all owners on raceday and together we meet the horse, trainer and stable staff who will explain the race before it pans out. Our syndicates are small so we accommodate everyone with passes/tickets.

  • We are open to offers from prospective buyers throughout the horse’s career. Throughout the season, we review each horse based on performance, estimated value and likely potential returns for owners. We sell through the Tattersalls/Goffs “Horses in Training” sales when our horses have come to the end of their careers and consult owners through the process.

  • At the end of the syndicate term, the horse is retired and/or sold. The syndicate accounts are collated and owners receive their pro rata share of net prizemoney and sales receipts. If we vote to retain the horse for a second term each shareholder must continue paying monthly fees. This is decided via a vote with syndicate members, with the ultimate decision taken by Brownsbarn Thoroughbreds.

    We provide all owners with a copy of each month’s BHA statement for their horse. We deduct all debits from the BHA, including heath tax, jockey’s fees, entry fees, etc from credits, which is earned prizemoney. When owners see the statements they can see clearly the credit and debit every month for their horse.

    If the horse has been sold, we provide the vendor invoice from the sales company to each owner. They can see sales entry fees, and commissions that the sales houses deduct from the sale price of their horse.

    All this information is summarised within a syndication termination email dispatched to all owner’s between 4 – 6 weeks post sale / retirement of their racehorse.

  • We are a media driven horse racing syndicate. We will provide immersive digital content to all of our syndicate members through written, audio and visual media. With interviews, analysis, opinion and predictions we will weave the story of the racing season together for you in a curated thread delivered to your inbox. We are conscious that not everyone will be around to see the horses at all times. Recording and sharing the journey will be a priority for us to immerse our owners within the experience. We will make you feel like you are with us every step of the way.

  • Horse racing is high risk and high reward and that’s the draw. Like any sporting endeavor, the fine margin between winning and losing is what seeds the excitement. Buying horses with equity based syndicates allows you:

    Spread your investment with several different horses.

    Hassle free set up.

    Inexpensive access to expertise.

    Camaraderie, win and lose as a group.

    New people, new connections.

    Many of our owners have owned horses solo and have cited the community aspect as a reason for partnering with us.

  • Each syndicate will have its own private group. Our assigned syndication manager will keep everybody updated. We will provide all content on these platforms to show friends and family how your horse is training. Data and expert insight will be detailed to give you a complete picture of what to expect from your horse on raceday.

  • Terms and conditions change on a syndicate basis and will be detailed on the syndicate purchase page and will accompany the syndicate welcome pack you receive upon purchasing your shares. You can view our general T&C’s here.

  • No. Owners payments to BBT don’t include VAT. We cover any VAT payments on behalf of owners and reclaim where applicable.

  • If we receive an offer for your horse, your syndicate manager will inform you of the offer and give recommendations. We then put it to a vote to sell or not, more than 60% of the ownership group must be reached for an offer to be accepted. As an equity shareholder you receive your pro-rata share of net resale price i.e. minus applicable commissions and fees (agent, sales house, trainer, BBT etc.)

    We provide vendor’s statements to all owner’s upon syndicate termination showing sales entry fees, commissions and consignment costs.

  • You receive your pro-rata share of net prizemoney if your horse places or wins. This is based on surplus earnings against all entries, jockey’s fees, heath tax etc. Payment is made at the conclusion of the syndicate. We don’t charge commission on prizemoney won. We provide all BHA statements for the entirety of the syndicate to you upon syndicate termination.

  • Owner’s receive their share of prizemoney and sales proceeds at the termination of the syndicate, direct to their bank account. If an owner’s account includes sales proceeds via sales houses then payments are sent after proceeds have been cleared which can take a minimum of 6 weeks.

  • A nominal set up & management fee is required to run each syndicate. We structure the syndicate so we earn a commission on any prizemoney and/or sales receipts (public/private) we achieve for your horse thereby creating a win-win scenario for everyone. This is determined on a syndicate by syndicate basis and is clearly stated. Fees cover our costs so we can invest time, energy, creativity and expertise to deliver you a quality experience.